Crypto.com reveals about $2.4 billion in reserves, mostly in BTC, SHIB and ETH

FlavienNovember 14, 2022

Less than a minute

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As crypto exchanges have been encouraged to share their reserves in an effort to improve customer trust and transparency, Crypto.com revealed a preliminary state of their reserves, showing about $2.4 billion of digital assets at the time of writing. Interestingly though, their reserves is mostly in BTC, SHIB and ETH, with only 10% in stablecoins. Crypto.com CEO justified this distribution by the customers’ interest in those coins, especially regarding the meme coin.

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Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.